SUPPLEMENT TO THE PROSPECTUSES AND STATEMENT OF ADDITIONAL INFORMATION

                       CREDIT SUISSE EUROPEAN EQUITY FUND

THE FOLLOWING INFORMATION SUPERSEDES CERTAIN INFORMATION IN THE FUND'S
PROSPECTUSES AND STATEMENT OF ADDITIONAL INFORMATION.

On December 12, 2002, the Board of Directors of Credit Suisse European Equity
Fund (the "Acquired Fund") approved, subject to shareholder approval, a proposed
reorganization (the "Reorganization") whereby all of the assets and liabilities
of the Acquired Fund would be transferred to the Credit Suisse International
Focus Fund (the "Acquiring Fund"), in exchange for shares of the Acquiring
Fund. The Acquired Fund would then be liquidated and shares of the Acquiring
Fund would be distributed to the Acquired Fund's shareholders.

If the Reorganization is completed, each shareholder of the Acquired Fund would
become a shareholder of the Acquiring Fund and would receive on a tax-free basis
shares of the Acquiring Fund with the same aggregate net asset value as their
shares of the Acquired Fund. The Reorganization is subject to the completion of
certain conditions, including the approval of the Acquired Fund's shareholders.
Proxy materials describing the proposed Reorganization will be mailed to
shareholders of the Acquired Fund in anticipation of a special meeting of
shareholders to be held at a later date.

December 13, 2002                                                 16-1202
                                                                      for
                                                                    WPEEQ
                                                                    CSEEA
                                                                 2002-033